Bill Gallagher identifies two beliefs that stop businesses from scaling: that you need to hire outside leaders instead of developing your team, and that industry complexity blocks new approaches. The fix is promoting from within and deliberately breaking norms.
What are your limiting beliefs? Your limiting beliefs are the things, the way that you look at the world.
That gets in the way of your growing your business.
There's two big ones that I see a lot with the companies that we work with and they're roughly this. The first one that I think that.
I see the most is I have the wrong people.
I need to hire leaders first before.
I can scale my business.
And when we bring in outside leaders.
We end up with all kinds of issues about fit and appropriateness to the stage of the company and that kind of thing. It's important you can do it.
But the truth is there's a lot.
Of potential in the people that you already have. That's the first and biggest limiting belief that I see.
And the second one is you don't understand my industry. Things are much more complicated and harder.
Than you realize in my industry.
And I say BS actually don't care.
That much about your industry.
One of the best things that I do as a coach is challenge your.
Way of looking at things. So get a coach, get a peer.
Get somebody else to talk to you about the way they do things in their industry and try and do things to be different. The best, most profitable, cash positive, valuable scale ups that we work with and.
Build over time are ones that don't.
Do the way things have always been.
Done in your industry, but find ways to do things in a completely new and different way.
So those are two limiting beliefs that we see a lot of and what makes the difference. You can develop the people that you already have into leaders. There's more there that wants to be expressed as leadership in the world, in each of the people that you already have. And the question is just getting tapped.
Into what drives and motivates them.
And the second one is not doing.
The things the way things are in.
Your industry, not accepting the norms of.
The industry, but doing something completely different and breaking out of the norms to.
Be a unique, profitable scale up. Two limiting beliefs. What are yours? If you got some limiting beliefs, love to see them in comments above, below.
Wherever that is for you. Love to hear some of what your limiting beliefs might be or what you.
Think that they might be. And what do your friends, your peers.
Your coaches tell you? Hope that's helpful. Talk to you soon.
